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Iran Widens Discount For Crude To Asia

Iran Widens Discount For Crude To Asia

Iran has deepened the discount…

Energy / Oil Prices

Oil Prices Plunge Below $15 In Canada

Oil Prices Plunge Below $15 In Canada

Nov 13, 2018 at 10:45 | Nick Cunningham

Canadian oil prices briefly plunged as low as $15 per barrel last week, after a U.S. federal judge blocked the construction of the Keystone XL pipeline. Canada’s oil industry…

Oil Prices Are Not Falling Off A Cliff Anytime Soon

Oil Prices Are Not Falling Off A Cliff Anytime Soon

Nov 12, 2018 at 16:56 | David Messler

We entered the fourth quarter of 2018 with some anticipation. Driving this was the advent of complete sanctions imposed by the American government on Iran. The arrival of these sanctions…

Oil Prices Rise As Saudis Cut Exports

Oil Prices Rise As Saudis Cut Exports

Nov 12, 2018 at 09:19 | Irina Slav

Less than two months after Khalid al-Falih’s assurances that Saudi Arabia will produce and export enough oil to keep prices steady, the Kingdom’s Energy Minister has said that exports would…

The New Bear Market In Oil

The New Bear Market In Oil

Nov 09, 2018 at 17:17 | Nick Cunningham

WTI dipped below $60 per barrel in early trading on Friday, the lowest price level in nearly a year. With prices down more than 20 percent from the October peak,…

Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market

Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market

Nov 08, 2018 at 12:57 | Tsvetana Paraskova

WTI Crude prices could drop into the $40s, with the U.S. oil benchmark in a ‘ferocious’ bear market, analyst and CNBC host Jim Cramer said on Thursday. WTI…

Oil Heads South On Mixed Signals From OPEC

Oil Heads South On Mixed Signals From OPEC

Nov 08, 2018 at 10:14 | Tim Daiss

There was a hint that something like this could happen, and now it’s here. When oil prices were spiking at the beginning of last month, hitting four years highs, with…

Why Oil Prices Will Fall In 2019 And Beyond

Why Oil Prices Will Fall In 2019 And Beyond

Nov 05, 2018 at 13:12 | Nick Cunningham

The decision by the U.S. to grant waivers to eight countries, allowing them to continue to import oil from Iran, has helped ease the tension in the oil market.…

Crude Recovery Hinges On U.S.-China Trade Deal

Crude Recovery Hinges On U.S.-China Trade Deal

Nov 02, 2018 at 17:33 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures opened the new month under pressure, continuing the assault on prices that began on the third day of trading in October when the…

What’s Behind The Continued Selloff In Oil?

What’s Behind The Continued Selloff In Oil?

Oct 31, 2018 at 18:29 | Nick Cunningham

Investors are growing increasingly pessimistic about the direction that the oil market is heading in, and their negative outlook is helping to drag down crude oil prices. Hedge funds and…

The Lucky Few In Canada’s Oil Patch

The Lucky Few In Canada’s Oil Patch

Oct 26, 2018 at 09:15 | Irina Slav

In a fascinating twist of price trends, a barrel of Canadian heavy crude that is selling for less than US$20 a barrel in Alberta could sell for three times that…

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